wal-mart or not. >> i am opposed to that system i just wish to with the more public system. neil: single payer government running everything. >> exactly. >> certain times you need that bargain-basement plan when you were young and healthy. this is a good thing we say it is a bad thing but fit your needs and the private sector could do a better job i don't understand the massive trust of the government. they have proven they cannot. >> i think they will get somewhere i only hope they get further than they probably will. neil: we will have the u.s. ceo from wal-mart here.

his company is in the news trying to build a store in newark new jersey. what does wal-mart do now why is the company talking to us tomorrow? find out. good night. gerri: hello, everybody. i'm gerri willis. president obama pushing for immigration reform, democrats say that will be up top priority in the near term. some speculating that obama will lay out the plan next month. also, remaining as someone security secretary. so far, both sides of the aisle are disappointed in how the president has failed to address immigration reform his first term.

will president obama second be any different? turning me now, congressman bob good lad, chairman of the house judiciary committee which oversees immigration reform. okay. congressman, we have a list of things that apparently the president wants to push for, one requiring businesses to verify new employees in the country legally. two, create a guest worker program of low-wage immigrants and three, make immigrants seeking legal status pay fines and back taxes. can you support any of that? >> oh, all of that is well worth looking at very carefully, and that is exactly what we will do. republicans in the house are very enthused about doing immigration reform this year as well. how much we can do will depend upon how much we can find in common with our friends over in the senate and with the white house and our colleagues here in the house. gerri: congressman, what i ask you was to mckinney's support those three specific ideas? >> those threes the severe ideas

are all things tht if done correctly we can find a way to support some of them. obviously the one that are the most difficult is somewhat of is illegally in the u.s. yesterday, we have to find some way to do this. every talking about a renewed bout of the status -- shadows of having illegal status i think there's a lot to discuss. as the giver talking about athleticism chip the american people are going to want to know i'm not -- a lot more about how we're right to prevent this type of illegal immigration in the future. gerri: a great point because the up part -- >> of the problem for so many of us, what if you are or knows someone who is one of these people came to this country, came in the front door, did the right way, took the time, fled to the expense and effort of getting citizenship now, you know, there are 11 million illegal immigrants in this country who could go right around the whole system and get to the citizenship possibly in a snap.

the support that? >> no. we are a nation of immigrants. there is anybody around you can't go back a few generations are several generations and find someone in the family who came to the united states to better their lives for the united states and the families, but we are also a late -- nation of laws. when we did immigration reform we did not do it completely or correctly, and this time we're going to take the time to get it right, first of all by starting at educating members of congress about this very complex issue. there are lots of moving parts with immigration, and will we don't want is those to have next week or nex month the 2000-page bill that attempts to address all this with members of congress who don't know the issue, so we are part to begin the process and its fleet of educating members of the house about how this issue works, both legal immigration and illegal immigration and then we'll send them home, they could talk to their constituents, and that we want to bring them back and listen to them.

gerri: congressman. >> listen to them about making decisions. gerri: you are vereducated about this topic. what would be the key ingredient of immigration reform from your point of view? >> the two things that we talk about a major talking about doing individual pieces of immigration, there are lots of different things can do. this then visa bill that we just passed at the end of the la congress. we will certainly be interested in addressing that again if. agricultural immigration reform, e-rarefy which is one of the things that was on the president's list to have employers able to easily verify whether or not somebody is lawfully allowed to take the job because they are conidering the offer. border security and enforcement of immigration laws and said the united states, too tough ones in my opinion are what you do with that ten, 11 million people who are in the united states today, obviously not going to have a trail of tears headed back to the border of millions o people leaving, but i also did not think the american people have in the stomach for saying, okay.

you are here now. we will put you on a path the citizenship. those zero was done in 1986 terminology was leaked -- all it did was lead to ever accelerating illegal immigration into the united states. 40 percent of thpeople of illegally in the country entered legally. gerri: the go-ahead. >> the other pnt was, what do you do to ensure the american people that if you go ahead with a significant immigration reform bill, what assurance that thy have that things will be different in that future presidents will enforce the law like recent presidents of both parties have not? gerri: all right. thank you for coming of the show, appreciate your time. thank you. >> thank you. gerri: for more on this, want to bring in secretary of state of kansas to help writethe controversy lingers on the

immigration law and similar legislation in alabama. marshall cohen director of immigration policy for the center of american progress. all start with you. the way this is being handled by the white house, they are working with, really, a small group of senators to try to get their ideas through, schumer, menendez kg, mccain, all coming together to kind of craft something on immigration reform. what do you make of the process? should it be more open? >> said think we definitely want to see an open process demanded they will get there. i think anything that comes out of the senate would go to regular order. we will see a full judiciary committee markup like we head into does a six commander think once those issues are aired to the public in that process we are going to see a lot of movement toward a much more progressive place on immigration that we have been for the last five o six years. gerri: would be the progressive place on immigration in your view?

>> well, america deserves ace -- a common sense immigration reform package that puts 11 million undocumented immigrants on a path the citizenship. not point to be in this now, i'm delighted to hear how much common ground there is with the congressman on our views which aren't that -- it is going to be a long pass. it will have to go to the back of the line. there is an explicit line for them to be in right now, they're going to have to pay a penalty and learn english and pay their taxes, but at the end of the process, we need them to be on a path to citizenship because, frankly, that is the kind of -- we are not that kind of country, we are not of america that has a second class of citizens living here. we have seen how that experiment has faired, faired poorly in germany and other places that have experimented with that. half the citizenship. gerri: marshall, to you. 65 percent of americans on

election day said they think undocumented immigrants should be able to apply for legal status which tells you something about where, you know, voters are on this issue. and yet the president has been calling for immigration reform for five years now. the release tape -- think something will happen? >> i actually do in a mobile. i think this is our moment. you know, i don't think we have had a moment where the stars have all line been quite a ways that they did on november 6th since 2001 just before th september 11th attacks. we have an opportunity to deliver the type of reform that americans -- americans call for. the president has promised it to the democrats have promised the, republicans needed, and the public wants it. gerri: chris, what do you say? >> there is a real point that is being mess which is the cost. on one breath we hear the president say we need to address our fiscal problems of this country. the deficits that are mounting, but no one is talking about the

cost of amnesty. when it was considered by congress in 2007 the cost of have been over two and a half trillion dollars because all those illegal aliens become eligible for food stamps, medicaid or medicare, social security, unemployment insurance it here and all that, that was pre obamacare, so now i will be even more. this is the last time we should be talking about anesty because we cannot afford it. the taxpayers in the pain for the demint to the benefits for the illegal aliens or legalized eligible for welfare benefits. that is the hidden element. the other thing it is not being talked about will be in this going to slow this down is unemployment. 78 percent unemployment. the people underemployed. why in the world would we choose now to give legal status to 11 million illegal aliens so they can more effectively compete against unemployed americans.

gerri: marshall, a smack in the eye of organized labor? because here you write a lot to bring in all these new workers. the very people that obama relies on to vote for him. while. i mean, answer that and also go to the cost of bringing in these people because i think chris this point is well taken. >> the reason that the afl and mci you and the entire labor movement is beyond immigration reform is because these workers already here and are working. it in the thing, they're able to be exploited by unscrupulous employers to drive down wages and working conditions making it effective for americans to try to compete on a level playing field. bu took recess point about the cost, he has is exactly backwards. we have shown that if you were to legalize the current pulation, reform the system, we would increase gdp cumulatively by one half

trillion of thenext ten years. gerri: chris, go. >> the study, that study takes into account in the increased revenue that we get from illegal aliens now legalized making more money. you still end up in the whole. as far as labour unions go, the rank-and-file workers, the rank-and-file workers, their rick rector study, not the fair study, and their rick rector, as far as labour unions go, the rank-and-file labor union opposed amnesty. the of the afl-cio like it, but rank-and-file workers do not want amnesty. every single industry -- >> why? >> i'll give you a chance to response. >> thanks you. gerri: basic economical history. when you bring in labored to an industry where u.s. citizens are

unemployed wages go down because you increase the supply of labor. it has happened everywhere which is why rank-and-file workers he is going on. they seek wages dropping in meat packing, and industry were used to be able to us name and -- feed your family. now wages are gng down in real dollars. gerri: and marshall, you say? >> but -- gerri: their is a difference between gdp of what you to come in your pocket to my friend. >> absolutely, but the reason why 65 percent of americans support this is because it is the only realistic solution on the table. chris called for self deportation, but look where that got mitt romney. this is not an issue that is -- we of the the -- we have undocumented people living here and spend 18 billion per year and immigration enforcement. gerri: and strangely obama is spending more deporting illegal aliens than george w. bush did, which is shocking. all right. a guard to let you go, we want

you back to discuss this. we appreciate your time and thank you for coming in. >> thank you so much. a lot more still to come, including a new report on waste, fraud, and abuse on one of our nation's toughest prisons. tomorrow is the-state. the vice president releases his plans for reform. will obama wafer congress or go it alone? details next. ♪ officemax has exactly the ink... your business needs... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax.

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♪ gerri: the debate over gun control in your second amendment rights heating up in washington as president obama outlines his goal to tight restrictions in the aftermath of the newtown shootings. is the deal even possible, or will the president simply forces platform through with an executive order. joining me, fox news digital politics editor joining me with the latest. great to have you on the show. thank you for coming on.

i want to start with this idea of the executive order. do you think that is the direction that the white house will end up going? >> well, they sure as heck don't seem to be trying to build legislative consensus. we saw in the very beginning when you subprogram democrats like john mention from west virginia, bob casey from pennsylvania, and say it is time for a national dialogue, if you would have seen those folks included in this process, what you would expect is the president was looking for broad legislative package that he could put through, but they have gone the other way. you w it when the vice president met today with people who were not just in favor of some gun-control, but people who were enthusiastic about a broad based gun ban, house democrats he was talking to today. what we would expect to see is not something that looks like it could win passage in congress, but mething that would be completed by executive order and from a politicl point of view, may be forced republicans into an opposition on opposing

something designed to remedy this problem. gerri: more about embarrassing republicans or more about getting changing control in this country? >> i think it's probably both. while they would very much like to embarrass republicans, democrats would always lector and bearish republicans, especially the obama democrats, but in this case in this circumstance that think this is about a way to achieve maximal controlled on firearms, probably expand background checks, perhaps expand into private sales between individuals, do whatever they can to restrict, regulate the sale and use of guns that executive power allow. gerri: here is what the president had to say in his press conference about what he would like to see in that package. >> what you can count on is that the things that i have said in the past, the belief that we have tough starter background cat -- stronger background checks, can do a much stronger job in terms of keeping these magazine clips with high capacity out of the hands of

folks should not have them, assault weapons ban that is meaninul, those are things that continue to believe make sense. gerri: what is interesting, the president continues to push around with this and america that seems to be happy with gun laws the way they are. a recent poll said 43 percent of americans say they're happy. what do you make of that? >> look, the americans would like after any tragedy, somebody -- decry rises up. someone ought to do something, but then onc the something starts to materialize people go back into their cries and sick or wait a minute, didn't mean that, did not mean the other thing. there was a brief open the beginning that there could be some common ground that would address mental health issues, the entertainment industry that would perhaps address firearms, that is not what we're seeing. you mentioned the vice-president releasing the report. we now expect to see the vice-president release of the

report. respecting to get to the president. say this is one of want. rear not going to see some massive plant. we will hear what joe biden tells barack obama that he thinks the president ought to proceed with and what eric hoer check off on. we're not looking of a national dialogue, definitely what the president thinks that he can get done based on the assumption that he will never give republicans on board with any of it. gerri: the whole debate turns strange, you're right, we have been heretofore. a daunting argument. tell us about that. >> look, when the democrats are talking about gun-control, that is are talking about the fact that a want to take away hunting rights. you heard andrew cuomo say that in new york, bill clinton and a trade show in las vegas. we don't want to take away anyone's hunting right. there's a fundamental disconnect between the gun america and not come america, rural and urban. and it is, what is the point of the second amendment and is

worth keeping, even if it is difficult to mock court, dangerous, and troublesome. for the americans who are in gun america they say yes. that's why the founders enshrined it, but in the bill of rights, let's are we want to do it. for urban america they say, these things are dangerous and kill people, so let's get rid of them. a real fundamental disconnect that we have not even attempted to britain this discussion. gerri: we keep driving each other apart. thank you for calling out tonight. coming gap, president of bond -- obama demanding part congress dr jobs and raise the debt ceiling. slip in the showers. lawsuits by prison inmates causing taxpayers more than $100 million. i'll break it down next.

♪ gerri: taxpayers on the hook for more than $100 million thanks to lawsuits from prison

gerri: here at "the willis report" we bring you the stories of government abuse of our taxpayer dollars every day. today we have a doozy. they say crime pays and, boy, does it. inmates held at rikers island here in new york been suing the city for injuries they say they received in jail. now, some say they slipped on suppleness shower while others say the beds were too short and injured them. i kid you not. one fellow has been locked up in

rikers since 2009 for apparently firing on to new york police department cops. he says a stop up rain in the shower cost of defaults. he says the city is at fault for not putting down rubber mats or those big orange hazard comes. people familiar with the sec in order prisoners share names of lawyers, even putting attorney contact information year jail payphones. so far according to the new york post the city has paid out more than $111 million, much of it in payments in increments of $2,000 just to make a suitable way. that's right. the department of corrections has been sued 8500 times between 2007 and 2011. not clear how many were filed by inmates, but more and more soon to be every year. take a look at these numers. the number has risen from under 1500 in 2007 to more than 1800 in 2011, and payouts are nothing to sneeze at. nearly 15 and a half billion dollars last year alone, and

almost 44 million the year before that these are all suits against the department of corrections. just one city and one state. how is it that people break the law, commit violent crimes against fellow citizens and society and then have the freedom to take taxpayer dollars. it's all right. society loses twice. the most recent statistics for total spending in this country was $74 billion. we spent $9 billion a year incarcerating people awaiting trial who can't afford bail. illegitimate like nuisance suits would seem to be a small way to start cutting back on those costs. that's what i think. now we want to know what you think. should present inmates be allowed to soon? log on to gerriwillis.com, of the right hand side of the screen, and also results of the end of tonight show. >> coming upon "the willis report." president obama standing his ground today. >> we are not a deadbeat nation.

>> all bark and no bite when it comes to the desolation of that? our political heavyweights we in next. more evidee obamacare doing more harm than good to your bottom line. command a-plus the on the way? will break down what this means for you with former new york governor george pataki. and will let housing recovery be in full swing for 2013? will get housing expert predictions later. we're on the case next on "the willis report." ♪

>> from our fox business studios in new york, here again is gerri willis. gerri: president obama demanding congress raises the debt ceiling limit making it clear to republicans he is not negotiating. here with more on this, former managing director for bain capita author of the book "unintended consequences."

i want to start for the president today talking about his tone talking about the debt ceiling. here is the prident. >> the debt ceiling is not a deal of authorizing more spending. raising the debt ceiling does not authorize more spending, simply allows the country to pay for spending that congress has already committed to. gerri: what do you say to that? speaker he is gearing up for a partisan brawl. his press conference today was a little hypocritical because whe he was a senator in 2006 and george bush wanted to raise the debt ceiling he said no and called george bush failed president. gerri: one of the reporters got up and said only a few years ago you were saying that this kind of fight makes no sense, would have to have fiscal discipline. what do you say to this? speak of the president has been the beneficiary of large

increases in mandatory spending because two-thirds of the spending is mandatory so he doesn't have to pass bills increase spending. the public is not aware of it, spending now 24% of gdp historically 20% of gdp. gerri: and deficits far as the eye can see. clearly this is a situation that cannot continue forever. they have said let's take it to the court. what do you make of that strategy? >> is a losing strategy. there is a reason that debt ceiling raised with congress. that is a reason they have to start using the president's language and site we have to have a baland approach. if you want the debt ceiling raised come at some point we're going to have to address spending cuts. this is as good a time as any. i don't think they should go all in, draw a line in the sand and

shut the government down because the public doesn't know a heck of a lot about this. they could be the recipient of the blame for this. gerri: use a dollar for dollar doesn't work. >> it will not stop the debt from growing as a percent of gdp because the gap is too large. >> i'm not saying it will balance the budget. we have to start the conversation, this is a good place to start making inroads. that is when republicans really have to draw the line in the sand. gerri: you were saying, which i thought was interesting, somewhat at odds with the conservative pundits that has to be some negotiation, give or take on both sides. >> what i said was any increase in taxes on income that would otherwise be invested should be linked to stopping debt from growing as a percent of gdp because i was afraid in the first round of negotiations

republicans simply give away tax increases but basically what has happened. they did not do a lot of tax increases away but still nevertheless they gave it, but gave very little. gerri: the president to raise the debt limit totaling $5 trillion. he likes to say this is the spending we have already done, but at the end of the day every time they raise the debt ceiling federal deficit rises, we go to that level antaxpayers have to pay that tab. >> this cannot continue, we have to get our spending under corol. it is up to our republicans to educate the citizens. if it continues, we will get a credit downgrade basically hitting the average person because the dollar will buy less.

gerri: last question to you. what would it mean for the market or the economy and would republicans again get the blame? >> republicans unfairly got the blame for last time. uncontrolled spending and inability to bring it back. that is whatauses the credit downgrade. these squabbles over the debt ceiling and the fiscal cliff ultimately get resoed and they don't change the status quo much. if you look at history you realize this is not what is threatening the credit worthiness, it is spending. >> to exploit, who wants to do this, have to entitle spending because with 10,000 people turned 65 everyday, this is unsustainable and we have to modernize the system. gerri: words from your lips to god's ears. thank you for coming on.

thank you so much. >> thank you. gerri: and we come back to gerri: of good news for housing? a handful of new surveys being released and obamacare adding middle-class americans bottom line but some say it could be even worse than we thought. we will hear from the governor on what has been called a mandate plus. there is a man right there. stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of rission? ♪ whatever your business challenge, dell has the technology and services to help you solve it.

we brought you on because you ran a campaign. >> to end the repeal but now what? >> what obamacare was passed we knew it had a horrible flaws but with the failure of the individual mandate pointed out 2009 it is a partisan attack. a big john was thrown out by a supermajority of the supreme court as unconstitutional was partisan. we knew this in 2009 as obamacare was implemented

you will see parts that will not work and we knew that in 2009. gerri: this is the penalty if you don't have coverage. 2014 is 1% of the income. 2015 2.5% excuse me. it is 2%. insurance companies say it takes a while then you have to make up the difference. already we have seen premiums goes to the roof. gerri: day president promised us we could keep our doctor and that is not true. >> so many things we knew they would turn out not to be true. it will increase the cost.

people don't have to change their policy? tens of millions of americans will have to. individual mandate is not the tax? that is how it was passed by the supreme court. i have a 20 citral daughter who just got married. she does not get big government health insurance. the individual mandate will call her -- coster $100 but a health insurance policy is in five or 6,000. if you struggle to pay your bills he will not buy a policy of $6,000 when you are fighting $95. we will see millions of young people find with no health care coverage but being a part of the system when they get sick. gerri: the insurance are

asking hhs to do this. they know what to do this through congress. what you think? >> it is an outrage but consistent with this administration and their policy. they don't negotiate. they just do from executive order. they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes.

parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then "the simpsons" movie was released worldwide grossing 527 million by 2011 the show made it $1 billion of profits and has a star on the hollywood walk of fame. the first fox show to break into the top 10 ratings its premiere in 23 years ago today. new report showed 2013 did have a bigger housing recovery. stay with us. ♪

gerri: 2013 housing forecaster out and looking good.

gerri: well this year is shaping up to be a great year for housing. forecasting prices to soar after 7.5% lesser. total home sales for the year

marking the first increase since 2005. joining me now, vice chairman of black rock with a new report on housing. you say it is the year of hosting and what you really mean is it is the year we can start changing the way housing is regulated. what do you mean? >> it is more about housing finance. fannie mae and freddie mac went into conservative ship. not much has happened since 2008. it is time for the congress to look at this, this is the year we have the historic moons lineup. gerri: obama in his second term. you say politically it is a great time. what do you believe should happen? should we get fannie mae and freddie mac out of the business of supporting the housing market? >> this is a multi-trillion dollars market. to say to get them out of the business is an extreme concept.

gerri: why? >> we have to change the way they operate. the public companies with government support is not a good idea. taxpayers have too much at risk. but you can wind down the portfolio and keep them in a utility kind of role, providing a guarantee this week or last week, the consumer financial protection board put out rules. gerri: we reported on that extensively. i wanted to ask you about something you just said. he said he can take out fannie mae or freddie mac but it seems to me if you don't, you run the same risk you had back in 2008 that alternately the government will be supporting mortgages that make absolutely no sense. >> for many years was the gold standard. high underwriting standards put out last week, very high quality loans, reasonable balance loans, think of it as a core the

government can support and help so that we have a strong housing market and things that don't fit the core, that is what the private sector can do on its own. to think the private sector can support the whole thing. gerri: private sector says he we will not support any exotic loans, we will walk away and we have seen banks getting out of the business is entirely while small banks are losing ground and going out of business because of dodd-frank. who will do the mortgage business? speak of the actual investors are pension plan, mutual fund insurance companies. you have originators, servicers, a lot of participants. we're talking about the need for bringing capital into the market from pension plans from insurance companies and investors all over the world. that is where you really have to have the government guarantee. a lot of investment guidelines cannot buy private-label. they need the government

guarantee so that is why we are a supporter of a limited role. not the role they had before, but a much more limited role. gerri: see how it works out. maybe the president's hands are untethered now in the congress can do the same. thank you for coming on, we appreciate your time. >> good to see you. gerri: a bad bet at the bank for a trader in london office cost more than the financial institutions to lose more than $6 billion. the federal regulator's order the banks to fix the poor risk management that led to the problem. heads have rolled at the bank with a trader and chief investment officer leaving in the wake of the loss. reports are surfacing an internal report could be released this week placing some blame on the eo, jamie dimon. what could very well slash the bonus and that could put him at risk of losing the entitlement of highest-paid banker. he took nearly $23 million last year thanks to his bonus.

if that bonus gets cut, who could take over the title of highest-paid banker. number five the ceo of goldman sachs took home more than $15.5 million according to the sec includes more than 10 and a half million dollars in stock awards. number four, a familiar face, lloyd glenn fine. his pay package was also thanks to stock awards. number three, jpmorgan chase, the head of the investment bank and while his salary is less, his bonus was nearly a million dollars more. number two, the bank of new yo new york, nearly $18 million is head of the investment management came thanks to the bonus and the number one highest paid banker, the ceo of wells fargo. his base salary is the highest of anybody on the list, twice the salary of jamie dimon. my two cents more and the answer

to the question of the day, should prison inmates are allowed to sue the government?

gerri: new york post issuing a scathing report today showing new york city taxpayers are getting built by more than $100 million by rikers island inmates. these prisoners have been rewarded for winning frivolous lawsuits over things like slipping in the shower. should prison inmates be allowed to suit? year is what you are tweeting me @gerriwillisfbn. they alrea seem to have more rights than the average citizen. no, they lost they're rights when they were sent to prison. we also asked you this. 4 percent said yes, 96 percent said no. here are your e-mails. i'm so disgusted, we need to go after our own energy here in the